In partnership with SolarCity six new solar projects create construction jobs, reduce air pollution and help state move closer to renewable energy goals

Apr 11, 2012

WESTMINSTER, Colo., Apr. 11, 2012 — Walmart today announced six SolarCity projects on stores in Colorado, marking the company’s 100th solar power installation in the U.S. and moving it closer to its long-term goal of using 100-percent renewable energy for all its retail and distribution facilities.
”Like the state of Colorado, Walmart has set ambitious renewable energy goals and these solar installations are another step in that journey,” said Kim Saylors-Laster, Walmart vice president of energy. “Solar power continues to show promise as an alternative to traditional power for its environmental and economic benefits. We are proud to work with SolarCity® and the state of Colorado on this project that creates local jobs, and ultimately helps Walmart reduce its energy costs, so that we can continue to pass on savings to our customers.”
The installations, totaling two megawatts on three stores in Westminster and one each in Lakewood, Highlands Ranch and Lafayette, will help Colorado meet its ambitious renewable energy goals. Colorado hopes to produce 30 percent of its electricity from renewable sources by 2020, and these projects demonstrate that solar can be cost-effective even in the large flat-roof environment where high wind and snow can pose challenges for solar projects.
When complete, Walmart’s SolarCity projects in Colorado are expected to generate nearly three million kilowatt-hours of clean, renewable energy per year, which is the equivalent of powering more than 225 homes.* The solar projects are expected to avoid producing more than 5 million pounds of carbon dioxide emissions per year.
Walmart continues to support the growth of the solar industry by implementing new technology on a large scale in Colorado. Despite the winter weather, the state currently ranks fifth among the country’s top 10 states for the total amount of solar capacity installed.** SolarCity engineered and delivered a customized, cost-effective solution to meet the requirements of large, flat rooftop-solar systems operating in the Rocky Mountain climate.
“With these six solar power systems in Colorado, we reach an exciting milestone of 100 solar power installations on U.S. Walmart stores, clubs, and distribution centers,” said Marty Gilbert, Walmart director of energy. “While Walmart’s investment in solar technology has significantly grown in recent years, we know there is still much work to be done to reach our environmental goals and look forward to continuing to work with states like Colorado and suppliers like SolarCity to take full advantage of solar power.”
Walmart operates 86 facilities and employs 25,238 people in Colorado. SolarCity, which has operations centers in Denver and Parker, Colo., will install, own and maintain the six new solar power systems.
“Walmart continues to show the kind of leadership that makes solar adoption easier and more affordable for other companies in the U.S.,” said Toby Corey, SolarCity’s chief revenue officer. “SolarCity has now installed solar panels on Walmart stores in California, Arizona and Colorado, helping the company to boost both renewable energy and employment in these states and demonstrating that businesses can pay less for solar power than they currently pay for electricity.”
Walmart is using a number of renewable technologies around the world to make progress towards the goal of being supplied by 100 percent renewable energy. In September 2011, Walmart and SolarCity announced plans to install solar panels on up to 60 additional stores in California, expanding Walmart’s solar portfolio with the potential to more than 75 percent of its stores in the state. To learn more about Walmart’s commitment to renewable energy please visit our website or our sustainability blog The Green Room.
* According to the EPA calculator
**According to SEIA and GTM U.S.Solar Market Insight Report
About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT) serves customers and members more than 200 million times per week at 10,130 retail units under 69 different banners in 27 countries. With fiscal year 2012 sales of $444 billion, Walmart employs about 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://www.walmartstores.com. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.

About SolarCity
SolarCity® (NASDAQ: SCTY) provides clean energy. The company has disrupted the century-old energy industry by providing renewable electricity directly to homeowners, businesses and government organizations for less than they spend on utility bills. SolarCity gives customers control of their energy costs to protect them from rising rates. The company makes solar energy easy by taking care of everything from design and permitting to monitoring and maintenance. SolarCity currently serves 18 states. Visit the company online at www.solarcity.com and follow the company on Facebook & Twitter.

A solar power system is customized for your home, so pricing and savings vary based on location, system size, government rebates and local utility rates. Savings on your total electricity costs is not guaranteed. Financing terms vary by location and are not available in all areas. $0 due upon contract signing. No security deposit required. A 3 kW system starts at $25-$100 per month with an annual increase of 0-2.9% each year for 20-30 years, on approved credit. SolarCity Corporation will repair or replace broken warranted components. CA CSLB 888104, MA HIC 168572/EL-1136MR, other contractor licenses. All loans provided by SolarCity Finance Company, LLC. CA Finance Lenders License 6054796. SolarCity Finance Company, LLC is licensed by the Delaware State Bank Commissioner to engage in business in Delaware under license number 019422, MD Consumer Loan License 2241, NV Installment Loan License IL11023 / IL 11024, Rhode Island Licensed Lender #20153103LL, TX Registered Creditor 1400050963-202404, VT Lender License #6766.

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